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BKV Corporation
(NYSE:BKV)
BKV Corporation (BKV) vs. SPDR S&P 500 ETF (SPY)
BKV Corporation Business Overview & Revenue Model
BKV Corporation Earnings Call Summary
BKV Corporation Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 807.30M | 604.53M | 739.28M | 1.66B | 889.53M | 122.53M |
| Gross Profit | 532.33M | 387.00M | 515.91M | 1.54B | 797.25M | 35.19M |
| EBITDA | 259.41M | 82.18M | 446.59M | 640.00M | -74.02M | 87.54M |
| Net Income | 44.76M | -142.87M | 116.92M | 410.14M | -138.21M | -43.35M |
Balance Sheet | ||||||
| Total Assets | 2.89B | 2.23B | 2.68B | 2.70B | 1.62B | 1.34B |
| Cash, Cash Equivalents and Short-Term Investments | 83.11M | 14.87M | 25.41M | 153.13M | 134.67M | 17.45M |
| Total Debt | 486.56M | 165.00M | 541.66M | 617.04M | 181.41M | 35.14M |
| Total Liabilities | 1.09B | 671.51M | 1.21B | 1.51B | 865.89M | 357.35M |
| Stockholders Equity | 1.79B | 1.56B | 1.42B | 1.13B | 705.10M | 942.86M |
Cash Flow | ||||||
| Free Cash Flow | -55.03M | 17.62M | -69.53M | 101.10M | 289.42M | -521.71M |
| Operating Cash Flow | 217.08M | 118.54M | 123.08M | 349.19M | 358.13M | -7.41M |
| Investing Cash Flow | -479.61M | 36.07M | -177.85M | -865.57M | -161.86M | -513.99M |
| Financing Cash Flow | 314.32M | -304.81M | 66.71M | 534.83M | -79.05M | 442.72M |
BKV Corporation Technical Analysis
BKV Corporation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $1.96B | 12.13 | 6.68% | 16.67% | 9.33% | ― | |
71 Outperform | $2.36B | ― | 0.64% | 5.19% | 32.31% | -122.30% | |
66 Neutral | $1.65B | ― | 4.73% | 13.15% | -2.71% | -113.80% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | $2.37B | 50.97 | 2.62% | ― | 31.67% | ― | |
63 Neutral | $1.93B | ― | -13.71% | ― | -0.02% | -473.61% |
BKV Corporation Corporate Events
BKV Corporation, a Denver-based energy company, is a prominent player in the natural gas sector, focusing on production, gathering, processing, transportation, power generation, and carbon capture. In its third-quarter 2025 earnings report, BKV Corporation announced a net income of $76.9 million, or $0.90 per diluted share, and highlighted strategic acquisitions and expansions in its power and carbon capture sectors. Key financial metrics included a net cash flow from operations of $74.5 million and a negative adjusted free cash flow of $10.6 million. The company also reported a successful $500 million Senior Notes offering and the acquisition of Bedrock Energy Partners’ Barnett Shale assets. Looking forward, BKV Corporation aims to enhance its power generation capacity and carbon capture initiatives, positioning itself to capitalize on growing energy demands and environmental trends.
On November 10, 2025, BKV Corporation reported its financial and operational results for the third quarter of 2025, highlighting a net income of $76.9 million and significant strategic moves, including the acquisition of Bedrock Energy Partners’ Barnett Shale assets and an increased stake in the Power JV. These developments are expected to enhance BKV’s control over its growth platform and support its long-term strategy in the energy market. The company also provided guidance for the fourth quarter, anticipating a production increase and maintaining its capital expenditure plans.
The most recent analyst rating on (BKV) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on BKV Corporation stock, see the BKV Stock Forecast page.
On October 27, 2025, BKV Corporation entered into a Fourth Amendment to its Credit Agreement with Citibank, updating financial covenants to accommodate its recent Bedrock Acquisition. This amendment reflects BKV’s strategic financial adjustments to support its growth initiatives. On October 29, 2025, BKV announced a Membership Interest Purchase Agreement with Banpu Power US Corporation to acquire a majority stake in the BKV-BPP Power Joint Venture, increasing its ownership to 75%. This acquisition is expected to close in the first quarter of 2026 and will allow BKV to consolidate the joint venture’s financial results, enhancing its strategic control and growth potential in the power sector.
The most recent analyst rating on (BKV) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on BKV Corporation stock, see the BKV Stock Forecast page.
On September 29, 2025, BKV Corporation completed the acquisition of Bedrock Energy Partners’ Barnett Shale assets for approximately $370 million. This strategic acquisition adds 97,000 net acres and 108 million cubic feet equivalent per day of production to BKV’s portfolio, reinforcing its position as the largest natural gas producer in the Barnett Shale. The transaction is expected to enhance BKV’s operational footprint and production capacity, offering substantial future development opportunities with new drill and low-cost refrac locations.
The most recent analyst rating on (BKV) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on BKV Corporation stock, see the BKV Stock Forecast page.
On September 22, 2025, BKV Corporation announced significant amendments to its credit agreement with Citibank, allowing for the Bedrock Acquisition and future acquisitions, increasing borrowing capacity, and adding Bedrock Production, LLC as a guarantor. Concurrently, BKV launched a private offering of senior notes to fund the Bedrock Acquisition and repay existing debts, enhancing its financial flexibility and operational capacity. These strategic moves are expected to bolster BKV’s market position and operational efficiency, with potential implications for stakeholders in terms of increased production capacity and financial stability.
The most recent analyst rating on (BKV) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on BKV Corporation stock, see the BKV Stock Forecast page.
On September 12, 2025, BKV Corporation released an investor presentation on its website, accessible under the ‘Investors’ section. This presentation is part of a Current Report on Form 8-K but is not considered filed under the Securities Exchange Act of 1934 or incorporated by reference in any filings unless specifically stated.
The most recent analyst rating on (BKV) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on BKV Corporation stock, see the BKV Stock Forecast page.
BKV Corporation’s recent earnings call painted a picture of robust operational performance and strategic growth, despite some market challenges. The company’s strong results were underscored by successful acquisitions and advancements in its carbon capture and power businesses, though it also acknowledged hurdles such as widening differentials and a slow start in the power market.
BKV Corporation is a Denver-based energy company specializing in natural gas production, power generation, and carbon capture and sequestration, with a significant presence in the Barnett Shale. In its second quarter of 2025, BKV Corporation reported a net income of $104.6 million, or $1.23 per diluted share, alongside a strategic acquisition in the Barnett Shale and a carbon sequestered gas deal with Gunvor. Key financial highlights include an adjusted net income of $32.8 million, adjusted EBITDAX of $88.2 million, and net cash provided by operating activities of $76.2 million. The company also announced a $370 million acquisition of Bedrock Energy Partners’ Barnett Shale assets, expected to enhance its production and reserves significantly. Looking ahead, BKV Corporation remains optimistic about its strategic growth initiatives, including the Bedrock acquisition and its carbon capture ventures, positioning itself to capitalize on the growing demand for natural gas and carbon-neutral energy solutions.
On August 7, 2025, BKV Corporation announced a definitive agreement to acquire Bedrock Energy Partners’ assets in the Barnett Shale for approximately $370 million. This acquisition, expected to close by early fourth quarter 2025, is set to enhance BKV’s production base and reserves, aligning with its strategic position in the Fort Worth Basin. Additionally, BKV signed a deal with Gunvor for Carbon Sequestered Gas, leveraging its CCUS business to offer a premium market product. These moves are anticipated to strengthen BKV’s market positioning and financial performance, with the Bedrock acquisition expected to be accretive to cash flow per share by 2026.
The most recent analyst rating on (BKV) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on BKV Corporation stock, see the BKV Stock Forecast page.